American Resources Corp (AREC)

[RandyKCMO]

I was thinking the first quarter was going to be higher than it was was…

The company provided guidance as follows for the current year:

“We are seeing numerous opportunities to expand our production base to fulfill that demand and are confident in our position in being a stable, long-term supplier of these essential resources. As such, we remain comfortable with our previously stated guidance of $55 million to $75 million in revenues for 2021 as a whole," continued Mr. Jensen.”

Since the first quarter was basically nil, that means the remaining quarters need to average $18-$25 million per quarter.

The same quarterly report indicated the company signed a base load agreement on the railroad transportation and was initiating production of metallurgical carbon.

SO… my WAG is $16 Million in revenue for the second quarter.